2 | South East Asia Awards 2023 Welcome to the South East Asia Business Awards 2023 APAC Insider is excited to announce the return of the South East Asia Business Awards! In 2023 this popular programme will now be in its fifth year, and we are looking forward to once again shining a spotlight on the key players and leading innovators working tirelessly across this dynamic region. Following a surge of industrialisation throughout the 1960s, South East Asian business has experienced substantial growth, leading to more than half of the region’s eleven countries ranking in the top fifty largest economies worldwide by 2022. While each country does have its own individual strengths and unique industry landscape that sets it apart amongst its neighbours, there are some common market trends that they share. Agriculture, Manufacturing, and Electronics are the most prominent sectors in virtually all nations of South East Asia. The region is a global export leader, with strong international trade connections for many commodities including food and fishery products, personal electronics, and motor vehicles. SMEs are also the dominant company size across most South East Asian countries, making up the majority of the workforce and contributing significantly to the GDP. More recently, South East Asia has become a hotspot for Digital Technology, with investment in the region’s tech companies hitting an all-time high in 2021. Indonesia, Vietnam, and the Philippines are at the forefront of this digital revolution. Also currently experiencing a boom is the E-Commerce industry, which has seen huge advancements in recent years, and is now projected to become the biggest driver of growth within South East Asia up until 2025. Sofi Parry, Senior Editor Website: www.apac-insider.com AI Global Media, Ltd. (AI) takes reasonable measures to ensure the quality of the information on this web site. However, AI will not assume any legal liability or responsibility for the accuracy, correctness or completeness of any information that is available through this web site. If errors are brought to our attention, we will try to correct them. The information available through the website and our partner publications is for your general information and use and is not intended to address any particular finance or investment requirements. In particular, the information does not constitute any form of advice or recommendation by us or any of our partner publications and is not intended to be relied upon by users in making or refraining from making any investment or financial decisions. Appropriate independent advice should be obtained before making any such decision. Any arrangement made between you and any third party named in the site is at your sole risk and responsibility.